LOS ANGELES, CA--(Marketwire - March 28, 2008) - Southern California gas prices have stopped setting new records for over a week in most areas and have dropped very slightly since last week, according to the Automobile Club of Southern California's Weekend Gas Watch.
The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.603, which is 1.2 cents lower than last week, 26 cents more than last month, and 43 cents above last year. In San Diego, the price is $3.630, which is 1.2 cents less than last week's price, 22 cents above last month, and 43 cents higher than last year. On the Central Coast, the average price is $3.734, down five tenths of a cent from last week, 24 cents above last month, and 47 cents more than last year. In the Inland Empire, the average price is $3.611, nine tenths of a cent under last week, up 25 cents from last month, and 41 cents higher than last year.
"Like most other states, prices are hovering just under record levels in California," said Auto Club spokesperson Jeffrey Spring. "It's still too early to tell if this is the end of price records for the spring or just a pause before prices begin increasing again."
The Weekend Gas Watch monitors the average price of gasoline as of 12:01 a.m., March 28:
Area Regular One-week Record Price
change
Los Angeles - Long Beach $3.603 - 1.2 cents $3.620 (3/18/08)
Orange County $3.548 - 1.2 cents $3.566 (3/17/08)
San Diego $3.630 - 1.2 cents $3.642 (3/17/08)
Santa Barbara - Santa
Maria - Lompoc $3.734 - 0.5 cents $3.749 (3/24/08)
Riverside - San
Bernardino $3.611 - 0.9 cents $3.627 (3/18/08)
Bakersfield $3.589 + 0.4 cents $3.594 (3/25/08)
Las Vegas, NV $3.341 + 2.7 cents $3.341 (3/27/08)
Contact Information: Contact: Marie Montgomery/Jeffrey Spring (714) 885-2333